Ord 004-95 1/3/1995WY OOUNM B ILL A
ORDINANCE NO. -eA -
AN ORDINANCE AUTHORIZING AND ALLOWING, UNDER
THE ACT GOVERNING THE TEXAS MUNICIPAL
RETIREMENT SYSTEM, "UPDATED SERVICE CREDITS"
IN SAID SYSTEM ON AN ANNUAL BASIS FOR SERVICE
PERFORMED BY QUALIFYING MEMBERS OF SUCH
SYSTEM WHO AT THE EFFECTIVE DATE OF THE
ALLOWANCE ARE IN THE EMPLOYMENT OF THE CITY
OF WICHITA FALLS; PROVIDING FOR INCREASED
PRIOR AND CURRENT SERVICE ANNUITIES FOR
RETIREES AND BENEFICIARIES OF DECEASED
RETIREES OF THE CITY; AND ESTABLISHING AN
EFFECTIVE DATE FOR THE ORDINANCE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS,
TEXAS:
Section 1. Authorization of Updated Service Credits.
(a) On the terms and conditions set out in Sections 853.401
through 853.404 of Subtitle G of Title 8, V.T.C.A., Governmental
Code, as amended (hereinafter referred to as the "TMRS ACT "),
each member of the Texas Municipal Retirement System (hereinafter
referred to as the system ") who has current service credit or
prior service credit in the System in force and effect on the 1st
day of January of the calendar year preceding such allowance, by
reason of SERVICE in the employment of the City of Wichita Falls
(hereinafter called the "City "), and on such date had at least 36
months of credited service with the system, shall be and is
hereby allowed "Updated Service Credit" (as that term is defined
in subsection (d) of Section 853.402 of the TMRS ACT).
(b) On the terms and conditions set out in Section 853.601
of the TMRS Act, any member of the System who is eligible for
Updated Service Credits on the basis of service with this City,
who has unforfeited credit for prior service and /or current
service with anther participating municipality or municipalities
by reason of previous service, and as a contributing member on
January 1, 1995, shall be credited with Updated Service Credits
pursuant to, calculated in accordance with, and subject to
adjustment as set forth in said Section 853.601, both as to the
initial grant hereunder and all future grants under this
ordinance.
(c) The Updated Service Credit hereby allowed and provided
for shall be 50% of the "base Updated Service Credit" of the
member (calculated as provided in subsection (c) of Section
853.402 of the TMRS Act) . Page 3 of 5 Pages
Agenda Item No. 6.d.
(d) Each Updated Service Credit allowed hereunder shall
replace any Updated Service Credit, prior service credit, special
prior service credit, or antecedent service credit previously
authorized for part of the same service.
e) In accordance with the provisions of subsection (d) of
Section 853.401 of the TMRS Act, the deposits required to be made
to the System by employees of the several participating
departments on account of current service shall be calculated
from and after the effective date of this ordinance on the full
amount of such person's compensation as an employee of the City.
Section 2. Increase in Retirement Annuities.
(a) On terms and conditions set out in Section 854.203 of
the TMRS Act, the City hereby elects to allow and to provide for
payment of the increases below stated in monthly benefits payable
by the system to retired employees and to beneficiaries of
deceased employees of the City under current service annuities
and prior service annuities arising from service by such
employees to the City. An annuity increased under this Section
replaces any annuity or increased annuity previously granted to
the same person.
(b) The amount of the annuity increase under this Section
is computed as the sum of the prior service and current service
annuities on the effective date of retirement of the person on
whose service the annuities are based, multiplied by 50% of the
percentage change in Consumer Price Index for All Urban
Consumers, from December of the year immediately preceding the
effective date of the person's retirement to the December that is
13 months before the effective date of this Section.
(c) An increase in an annuity that was reduced because of
an option selection is reducible in the same proportion and in
the same manner that the original annuity was reduced.
(d) If a computation hereunder does not result in an
increase in the amount of an annuity, the amount of the annuity
will not be changed hereunder.
(e) The amount by which an increase under this Section
exceeds all previously granted increases to an annuitant is an
obligation of the City and of its account in the municipality
accumulation fund of the System.
Page 4 of 5 Pages
Agenda Item No. 6.d.
Section 3. Dates of Allowances and Increases. The initial
allowance of Updated Service Credit and increases in retirement
annuities hereunder shall be effective on January 1, 1995,
subject to approval by the Board of Trustees of the System. An
allowance of Updated Service Credits and an increase in
retirement annuities shall be made hereunder on January 1 of each
subsequent year until this ordinance ceases to be in effect under
subsection (e) of Section 853.404 of the TMRS Act, provided that,
as to such subsequent year, the actuary for the System has made
the determination set forth in subsection (d) of Section 853.404
of the TMRS Act.
Section 4. Effective Date. Subject to approval by the
Board of Trustees of the System, this ordinance shall be and
become effective on the 1st day of January, 1995.
Passed and approved this the 3rd day of January, 1995.
ATTEST:
APPROVED:
'e�4
MAYOR
Page 5 of 5 Pages
Agenda Item No. 6.d.
ORDINANCE NO. 1-95
ORDINANCE REZONING 5.07
ACRES OUT OF WEST-
MORELAND PARK AND AD-
JACENT PROPERTIES, A
SUBDIVISION OF BLOCKS 5 &
8, DENTON COUNTY SCHOOL
j LAND, LEAGUE 1, FROM
HEAVY COMMERCIAL (HC)
TO SINGLE FAMILY RESI-
DENTIAL (SF -2). (CASE R
94 -11); FINDING AND DE -j
TERMINING THAT THE
MEETING AT WHICH THIS
ORDINANCE WAS PASSED
WAS OPEN TO THE PUBLIC
AS REQUIRED BY LAW
ORDINANCE NO. 2-95
ORDINANCE REZONING 17.94
ACRES OUT OF WEST-
MORELAND PARK AND AD-
JACENT PROPERTIES, A
SUBDIVISION OF BLOCK 8,
DENTON COUNTY SCHOOL
LAND, LEAGUE 1, FROM
SINGLE FAMILY RESIDEN-
TIAL TO GENERAL COM-
MERCIAL; FINDING AND DE-
TERMINING THAT THE
MEETING AT WHICH THIS
ORDINANCE WAS PASSED
WAS OPEN TO THE PUBLIC
AS REQUIRED BY LAW
ORDINANCE NO.3.95
ORDINANCE APPROPRIAT-
ING FUNDS FROM GENERAL
FUND EQUITY FOR THE
CITY'S PARK MATCHING
PORTION OF THE RE-
CONSTRUCTION OF KEMP
BOULEVARD FROM 9TH
STREET TO KELL; FINDING
AND DETERMINING THAT
5; ;THE MEETING AT WHICH t
;;'.;THIS ORDINANCE WAS
+- PASSED WAS OPEN TO THE
" PUBLIC AS REQUIRED BY
i LAW.
ORDINANCE NO. 4-95
s's A N O R D I N A N C E
AUTHORIZING AND ALLOW-
ING, UNDER THE ACT GOV-
ERNING THE TEXAS MUNICI-
1 PAL RETIREMENT SYSTEM,
"UPDATED SERVICE
CREDITS" IN SAID SYSTEM
ON AN ANNUAL BASIS FOR
SERVICE PERFORMED BY
QUALIFYING MEMBERS OF
SUCH SYSTEM WHO AT THE
EFFECTIVE DATE OF THE
ALLOWANCE ARE IN THE
EMPLOYMENT OF THE CITY
OF WICHITA FALLS; PROVID-
ING FOR INCREASED PRIOR
AND CURRENT SERVICE AN-
NUTIES FOR RETIREES AND
BENEFICIARIES OF DE-
CEASED RETIREES OF THE
CITY; AND ESTABLISHING
AN EFFECTIVE DATE FOR
THE ORDINANCE
ORDINANCE NO. 5-95
ORDINANCE OF THE CITY
COUNCIL OF THE CITY OF
WICHITA FALLS, TEXAS,
AMENDING CHAPTER 29,
ARTICLE XI, SECTIONS 29 -256
THROUGH 29 -275, REGU-
LATING THE WRECKER
BUSINESS IN THE CITY OF
WICHITA FALLS; REPLEAL-
ING ALL ORDINANCES OR
PARTS OF ORDINANCES IN
CONFLICT HEREWITH;
PROVIDING A SAVING
CLAUSE; PROVIDING FOR
PUBLICATION; PROVIDING
FOR AN EFFECTIVE DATE;
DECt'ARING AN EMERG-
ENCY; AND FINDING AND
DETERMINING THAT THE
MEETING AT WHICH THIS
ORDINANCE WAS PASSED
WAS OPEN TO THE PUBLIC
AS REQUIRED BY LAW
Affidavit of Publication
THE STATE OF TEXAS Ad #601620
COUNTY OF WICHITA
Here)
On this 23rd day of January
1995
AD ..... . . . . personally appeared before me, the undersigned authority
Mary E. Newell bookkeeper
for the Times Publishing Company of Wichita Falls, publishers of the Wichita Falls
Times /Record News, a newspaper published at Wichita Falls in Wichita County,
Texas, and upon being duly sworn by me, on oath states that the attached
advertisement is a true and correct copy of advertising published
in one ( 1 ) issues thereof on the following dates:
_ January 22, 1995
Bookkeeper for Tip, es Publishing Company
of Wichita Falls
S:tAw Subscribed and sworn to before me this the day and year first above written:
5- 6': ^n